What vested interest does the company have to continue to
What vested interest does the company have to continue to promote the brands, successes of dealers/promotions, and introduce new products if no company exists...? There is no trading so there is ZERO reason to BS investors. If they were going to go dark/private - why not let the lenders dilute the shit out of the stock, eliminate the debt, and THEN go private after a R/s or two when there is virtually NO value left in the PPS? That is standard MOO here in pink sheet land. If they had NO interest in SH positions- that would have been the easy way out and definitely the most profitable for them (absent civil suits/liability).
However, they have continued to launch new products, fight in court, run the company, and continue to promote the brands. So - what would be the point if they had no intention of coming back..? I know there is a decent sized contingent of large SHs (like myself) who are waiting thru the BS for them to emerge from the BS. Does it suck...? Yes. Liquidity is gone and options are nil. However, for many of us - we had a l o ng term view on the stock so liquidity isnt as much of an issue (barring emergencies).
So - put it all in perspective. Look how many tickers out there do continuous R/s, AS increases, etc and there is NO way to verify product/revenues. Here you cant verify total revenues but it doesnt take much effort to contact a dealer and have a rational conversation to verify local successes.
The company remains unconventional and the leval wranglings frustrate me even though I have been through similar legal challenges. However, one can verify the brand is moving, resonates, and one can contact key mgmt to discuss the company. That is probably 90% better than most of the tickers that are trading. Just a matter of perspective.
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